The Wall Street Journal says that "A family that buys together stays together" on its article about the two buyers, related to each other, who have purchased a total of five units that span the top six floors of the Charles condominium in New York's Upper East Side, The total sum for the five units was a whopping 58.635 million and both sales was closed last week.
The source says that the two buyers wanted to be in the same building and "saw this as an opportunity to create unique spaces together," said Ramin Kamfar, CEO of Bluerock Real Estate, which is developing the project with Victor Group. On the other hand Mr. Kamfar has refused to identify the buyers but said that they are both Americans.
Furthermore, the source tells that one of the apartments, which is a combination of the three units that span throughout the top four floors was sold to one buyer for the price of $37.94 million. It was reported that according to Jonather Miller, a real-estate appraiser, such price is the highest ever paid for a home on the Upper East Side of the Third Avenue.
The penthouse of the building which is located on the First Avenue between 72nd and 73rd streets was originally priced at $16.5 million as a duplex on the 31st and 32nd Floors. Mr. Kamfar said that the purchaser asked to combine that unit with two additional apartments one priced at $10.81 million and the other asking a $10.63 million. "The penthouse was supposed to be the top two floors", he added, "but the buyers said that's not enough space."
The source says therefore the result is "a roughly 11,750-square-foot quadruplex encompassing the 29th to 32nd floors", according to Ginger Brokaw of Town New Development, who handles sales in the building with colleague, Jason Karadus. The owners are building out the interiors to their own specifications. According Mr. Kamfar, "They closed on just a white box."
